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Global Needle Coke Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Publisher DIResearch
Published Jul 10, 2025
Length 165 Pages
SKU # DIR20258001

Description

Market Overview

According to DIResearch's in-depth investigation and research, the global Needle Coke market size will reach 4,369.78 Million USD in 2025 and is projected to reach 6,624.09 Million USD by 2032, with a CAGR of 6.12% (2025-2032). Notably, the China Needle Coke market has changed rapidly in the past few years. By 2025, China's market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Needle coke is a high-quality petroleum coke with a specific set of properties that make it suitable for the production of graphite electrodes in electric arc furnaces (EAFs). It is named “needle coke” because it has a distinct needle-like structure characterized by long, thin crystalline structures. Needle coke is produced through a specialized refining process, typically starting with heavy residues from crude oil distillation or other petroleum products. It undergoes further treatment, including thermal cracking and purification, to remove impurities and optimize its carbon content and crystalline structure. The unique properties of needle coke, such as its high degree of graphitization, low coefficient of thermal expansion, and excellent electrical conductivity, contribute to its use in the manufacturing of graphite electrodes. These electrodes are crucial components used for the production of steel and other metals in EAFs, where they provide a conductive path for electrical current and withstand extreme temperatures and mechanical stress during the steelmaking process. Needle coke is a critical raw material in the steel industry, helping to enable efficient and sustainable steel production.

The major global  manufacturers of Needle Coke include ConocoPhillips, C-Chem, Seadrift Coke, JXTG Holdings, Sumitomo Corporation, Mitsubishi Chemical, Indian Oil Company, Shanxi Hongte Coal Chemical, Fangda Carbon, CNPC Jinzhou Petrochemical, Shandong Yida New Material, Sinosteel, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Needle Coke. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Needle Coke market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Needle Coke market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Needle Coke industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Needle Coke Include:

ConocoPhillips

C-Chem

Seadrift Coke

JXTG Holdings

Sumitomo Corporation

Mitsubishi Chemical

Indian Oil Company

Shanxi Hongte Coal Chemical

Fangda Carbon

CNPC Jinzhou Petrochemical

Shandong Yida New Material

Sinosteel

Needle Coke Product Segment Include:

Petroleum-based Needle Coke

Coal-based Needle Coke

Needle Coke Product Application Include:

Graphite Electrode

Special Carbon Material

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Needle Coke Capacity and Production Analysis

Chapter 3: Global Needle Coke Industry PESTEL Analysis

Chapter 4: Global Needle Coke Industry Porter's Five Forces Analysis

Chapter 5: Global Needle Coke Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Needle Coke Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Needle Coke Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Needle Coke Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources

Table of Contents

165 Pages
1 Needle Coke Market Overview
1.1 Product Definition and Statistical Scope
1.2 Needle Coke Product by Type
1.2.1 Petroleum-based Needle Coke
1.2.2 Coal-based Needle Coke
1.3 Needle Coke Product by Application
1.3.1 Graphite Electrode
1.3.2 Special Carbon Material
1.3.3 Others
1.4 Global Needle Coke Market Revenue and Sales Analysis
1.4.1 Global Needle Coke Revenue Market Size Analysis (2020-2032)
1.4.2 Global Needle Coke Sales Market Sales Analysis (2020-2032)
1.4.3 Global Needle Coke Market Sales Price Trend Analysis (2020-2032)
1.5 Needle Coke Market Development Status and Trends
1.5.1 Needle Coke Industry Development Status Analysis
1.5.2 Needle Coke Industry Development Trends Analysis
2 Global Needle Coke Capacity and Production Analysis
   2.1 Global Needle Coke Capacity, Production and Utilization (2020-2032)
   2.2 Global Needle Coke Production Growth Trend by Region: 2024 VS 2025 VS 2032
   2.3 Global Needle Coke Production by Region
2.3.1 Global Needle Coke Production by Region (2020-2025)
2.3.2 Global Needle Coke Production Forecast by Region (2026-2032)
2.3.3 Global Needle Coke Production Market Share by Region (2020-2032)
3 Needle Coke Market PESTEL Analysis
3.1 Political Factors Analysis
3.2 Economic Factors Analysis
3.3 Social Factors Analysis
3.4 Technological Factors Analysis
3.5 Environmental Factors Analysis
3.6 Legal Factors Analysis
4 Needle Coke Market Porter's Five Forces Analysis
4.1 Competitive Rivalry
4.2 Threat of New Entrants
4.3 Bargaining Power of Suppliers
4.4 Bargaining Power of Buyers
4.5 Threat of Substitutes
5 Global Needle Coke Market Analysis by Country
5.1 Global Needle Coke Market Size Analysis by Country: 2024 VS 2025 VS 2032
5.1.1 Global Needle Coke Revenue and Market Share by Country (2020-2025)
5.1.2 Global Needle Coke Revenue and Market Share Forecast by Country (2026-2032)
5.2 Global Needle Coke Sales Analysis by Country: 2024 VS 2025 VS 2032
5.2.1 Global Needle Coke Sales and Market Share by Country (2020-2025)
5.2.2 Global Needle Coke Sales and Market Share Forecast by Country (2026-2032)
5.3 United States Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.4 Germany Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.5 Japan Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.6 China Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.7 France Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.8 U.K. Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.9 South Korea Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.10 Canada Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.11 Italy Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.12 Russia Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.13 Mexico Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.14 Brazil Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.15 India Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.16 Vietnam Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.17 Thailand Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
5.18 South Africa Needle Coke Market Sales, Revenue and Growth Rate (2020-2032)
6 Competition by Manufacturers
6.1 Global Needle Coke Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
6.1.1 Global Needle Coke Market Sales by Key Manufacturers (2021-2025)
6.1.2 Global Needle Coke Market Revenue by Key Manufacturers (2021-2025)
6.1.3 Global Needle Coke Average Sales Price by Manufacturers (2021-2025)
6.2 Needle Coke Competitive Landscape Analysis and Market Dynamic
6.2.1 Needle Coke Competitive Landscape Analysis
6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
6.2.3 Market Dynamic
7 Needle Coke Market Analysis by Type
7.1 Global Needle Coke Market Revenue Analysis by Type
7.1.1 Global Needle Coke Market Size Analysis by Type: 2024 & 2025 & 2032
7.1.2 Global Needle Coke Revenue and Forecast Analysis by Type (2020-2032)
7.2 Global Needle Coke Market Sales and Forecast Analysis by Type (2020-2032)
7.3 Global Needle Coke Sales Price Trend Analysis by Type (2020-2032)
8 Key Companies Analysis
8.1 ConocoPhillips
8.1.1 ConocoPhillips Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.1.2 ConocoPhillips Needle Coke Product Portfolio
8.1.3 ConocoPhillips Needle Coke Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.2 C-Chem
8.2.1 C-Chem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.2.2 C-Chem Needle Coke Product Portfolio
8.2.3 C-Chem Needle Coke Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.3 Seadrift Coke
8.3.1 Seadrift Coke Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.3.2 Seadrift Coke Needle Coke Product Portfolio
8.3.3 Seadrift Coke Needle Coke Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.4 JXTG Holdings
8.4.1 JXTG Holdings Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.4.2 JXTG Holdings Needle Coke Product Portfolio
8.4.3 JXTG Holdings Needle Coke Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.5 Sumitomo Corporation
8.5.1 Sumitomo Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.5.2 Sumitomo Corporation Needle Coke Product Portfolio
8.5.3 Sumitomo Corporation Needle Coke Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.6 Mitsubishi Chemical
8.6.1 Mitsubishi Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.6.2 Mitsubishi Chemical Needle Coke Product Portfolio
8.6.3 Mitsubishi Chemical Needle Coke Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.7 Indian Oil Company
8.7.1 Indian Oil Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.7.2 Indian Oil Company Needle Coke Product Portfolio
8.7.3 Indian Oil Company Needle Coke Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.8 Shanxi Hongte Coal Chemical
8.8.1 Shanxi Hongte Coal Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.8.2 Shanxi Hongte Coal Chemical Needle Coke Product Portfolio
8.8.3 Shanxi Hongte Coal Chemical Needle Coke Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.9 Fangda Carbon
8.9.1 Fangda Carbon Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.9.2 Fangda Carbon Needle Coke Product Portfolio
8.9.3 Fangda Carbon Needle Coke Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.10 CNPC Jinzhou Petrochemical
8.10.1 CNPC Jinzhou Petrochemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.10.2 CNPC Jinzhou Petrochemical Needle Coke Product Portfolio
8.10.3 CNPC Jinzhou Petroch
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